putnam county commercial real estate: Issues! - 10/25/10 07:32 PM
Of course in this type of economy the first thing everyone is doing is cutting costs to protect their bottom line. Property management is one of the first to go! Well I am here to tell you that decision could be very costly. One of the main responsibilities of a property manager is to problem solve as issues arise. Issues range from a tenant being locked out, leaks, loss of heat, broken refrigerators, domestic disputes, fire, to gas leaks. A good property manager is on call (in place of you the owner) 24/7. The property manager should have all the resources … (0 comments)
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putnam county commercial real estate: What constitutes a good deal? - 09/21/10 12:42 PM
Often times I have clients stop in or call and say they want to buy foreclosures. Of course, the first things I ask are where? How much? Are you looking to flip? Are you looking to hold the property in the hopes it produces income? OR they will tell me the purchase would be not an investment but their primary palce of residemce. At that point I say Whoa!! It is a myth but yet common belief that foreclosures, R.E.O. , bank owned, and shortsales are the best deals around. Now dont get me wrong, there are some great deals that … (4 comments)
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putnam county commercial real estate: Progress not perfection! - 07/30/10 11:21 AM
I spent the evening as an audience member at a Carmel town board meeting. Over a year ago I was asked as Chamber of Commerce president to be a part of an ad-hoc committee to help decide how to spend some money given to the town through state and federal funds. The thought was to spend it on the downtown Mahopac area. I am proud to say a year later many different projects are in the works such as cross walks, potential parkinglot,and even completed projects such as flower baskets throughout the area and park and a revamping of the park.
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putnam county commercial real estate: Rental Market is UP? I dont think so! - 07/13/10 01:18 PM
I recently received an email from a MLS affiliated company stating that the rental market is up. I would love to know where they got this information from. I have seen a huge shift in the local rental market. UP is not the word I would use to describe it. The shift has been more towards consolidation. 2, 3 even 4 people chipping in to rent one larger house. In turn this has mad the smaller units suffer. I have been surpised to see the rental market not shoot through the roof with all the foreclosures and short sales on the … (2 comments)
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putnam county commercial real estate: Clients, Agents and Me - 06/15/10 02:15 PM
At Incline Real Property services we service all types of clients. We have clients who are struggling financially, Clients who are first time home buyers in the,affordable housing range and we have clients who have millions to invest.
Although they may drive different cars, wear different clothes, it all boils down to the same basic needs. They want information and they want it now. They want honesty, integrity and hard work. As a Broker I expect from a client the following, Loyalty, trust and committment. I suggest if you don't have this sort of expectations with your agent or clients you want … (0 comments)
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putnam county commercial real estate: Is Your Real Estate In Compliance? - 04/14/10 05:43 AM
Quite frankly, Real Estate must treated like a business. I see way to many business owners do things like keep income off the books, not file for all the proper licences etc... and what happens is when they want to sell ,the business value takes a major hit or even worse it can not be sold! Real Estate is the same way, So if you built that deck, addition or finished your basement and you didn't apply for the proper permits and C of O's you are also affecting your value and ability to sell. I truly believe you should manage your real estate with … (3 comments)
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putnam county commercial real estate: The truth hurts - 03/19/10 03:07 PM
O.k. I admit it. I am formally the QUEEN of overpriced listings. But hey, I worked for a broker who did a ton of advertising AND paid for it too! And not for nothing but 3 years ago even over priced listing sold. Well recently a friend of mine gave me a # to a seller who was "unhappy" with his agent. I said I couldn't call him while he was under an exclusive right to sell with another agent. The next day the seller calls me and asks if I can go visit him at the house. I ask for the address and … (4 comments)
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putnam county commercial real estate: Market trends?? - 03/02/10 07:55 PM
So trying to put your finger on the pulse of this market is nearly impossible. I mean I have beautiful houses priced right http://inclinerps.com/Drewville_PDF.pdfand ..............nothing. We get random deals put together on so so houses at prices that make zero sense, bidding wars on houses that after the work is complete they could have purchased a house needing no work for less money..........then of course you have the rental market. One would expect rentals to flourish in the midst of a foreclosure/shortsale frenzy no? but in reality it's actually softened a bit. I suppose people are grouping up and sharing housing, moving in with family and friends to … (1 comments)
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putnam county commercial real estate: Self Mastery - 02/07/10 04:15 PM
Self Mastery
"When you transform your whole dream, magic just happens in your life. What you need comes to you easily because spirit moves freely through you. This is the mastery of intent, the mastery of spirit, the mastery of love, the mastery of gratitude, and the mastery of life. This is the path to personal freedom."
~ Don Miguel Ruiz from the Four Agreements
I ask you? Is personal freedom not the ULTIMATE form of success?
The 4 steps to Self Mastery are the following: Be Impeccable with Your World, Don't Take Anything Personally, Don't Make Assumptions, Always Do Your Best
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putnam county commercial real estate: What's in store in Putnam County real estate for 2010? - 12/29/09 10:11 AM
In my 39 years I can't recall such an interesting end to a year with such mixed emotions for a new year. Lets speak strictly from a real estate perspective. It's not an easy time to predict the future of real estate anymore that's for sure, but if I had to give some insight the following would be my predictions......It will remain a buyers market. The first quarter should be a busy time for buyer activity due to the first time home buyers tax credit ending April 30. There are more foreclosures to come! Nationally the market will stabilize however locally we still have a … (1 comments)
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putnam county commercial real estate: Change is on you! - 11/04/09 05:37 AM
"Never doubt that a small, group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has."
Greetings friends and associates, as I write to you it is the morning after Election Day. I want to congratulate all the Candidates that were elected into office. Of course Election Day always gets my wheels turning. I am sure it does the same for you. This year there is a lot of frustration out there but, people are too overwhelmed with daily life to feel they can do anything to make a difference.If you weren't aware, The … (1 comments)
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putnam county commercial real estate: Putnam County Mortgage Tax! Are you informed?? - 10/15/09 09:52 PM
In case you werent aware, the Putnam County legislation recently voted in a .25 percent mortgage tax. Not everyone was in agreement. The vote was 5-4 in favor of this tax.
Some of the opposers felt that once this is passed there is would be stopping the legislation from increasing this amount and also the fact that people are already over taxed. Not too mention that Putnam County already has one of the highest closing costs for a buyer in the tri-state are ranging from more than 1-2 percent.
The arguments in favor were, while neighboring counties of Westchester, Dutchess, Orange, and … (1 comments)
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putnam county commercial real estate: Checking In with Putnam County - 07/21/09 07:21 AM
It's been a busy year in Putnam County. Let's start with Economic Development projects. The county has several shopping centers in the works. On the table there is Union Place that is on the border on Mahopac & Somers, Patterson Crossing right off 84 & 311. And the Putnam County Economic Development Agency is also working on bringing 2 Hotels to the area. Just to name a few.
We now have a visitors center in the Town of Carmel, Hamlet of Mahopac at The Greater Mahopac Carmel Chamber of Commerce office at 953 South lake Blvd (6n). Stop by, bring … (0 comments)
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putnam county commercial real estate: Loitering.........is it a quality of life issue? - 06/22/09 08:42 PM
I am wearing several hats as I write this blog.
1. a Business owner
2. a Property owner
3. President of the Local Chamber of Commerce
4. A Realtor sworn to protect property values
5. Someone who strives for and attempts to practices compassion always in all things
So this topic is not one I am one sided on. I can see the situiation from all angles. Its not pretty:(
So here goes......... There is a loitering issue in my hometown where I happen to do most of my business in. The loiterers are day laborers looking for work. They gather in groups of … (1 comments)
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putnam county commercial real estate: Get Legal! - 06/19/09 08:34 PM
I cant believe how often I take a listing and there are finished basements, bonus rooms,bedrooms,inground pools, sheds, all without C of O's.
Times have changed! These properties more than likely will not make it to the closing table wiwth these violations! YES even if you bought it that way!And the code is constantly changing. So I suggest you legalize NOW!!!
This is not just a plug for my company that can help you with these issues, rather just some good ADVICE from someone who has learned the hard way :)
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putnam county commercial real estate: All In a Days Work! - 06/16/09 08:55 PM
Today while siiting at my desk at the front window at Incline Real Property Services I did the following: Negotiated a short sale, CMA on 5 vacant lots, in put a new listing to 10 web sites, negotiated a rental, helped 3 of my agents with their transactions, debated with the MLS over the rules, figured out best use for a mixed use piece of property, pulled a property deed to see if there were any deed restrictions, emailed listings to hundreds of commercial brokers, filed an application to the building department for a finished basement and took out the garbage.
Who … (2 comments)
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putnam county commercial real estate: Team Work/ first Presidents letter! - 06/02/09 09:24 PM
Teamwork is the ability to work together toward a common vision. The ability to direct individual accomplishment toward organizational objectives. It is the fuel that allows common people to attain uncommon results. ~Andrew Carnegie
As I write this first Presidents letter I am reflecting upon the 5 years of my chamber membership. The past 5 years have been both the most difficult as well as the most rewarding in my life. I made tons of mistakes and had many failures and some accomplishments The biggest change that has taken place is going from an agent in a local Real Estate office … (0 comments)
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putnam county commercial real estate: Paying your mortgage has become an option! - 04/20/09 08:02 PM
It seems the message the Government is sending is that you dont have to pay your mortgage!
Pfft! I mean I have had several clients who would rather see their house go to foreclosure that sell it and walk away with a few dollars! What is that about??
What happened to good old fashioned pride?
Who is to blame?
What action can we personally take to change this mindset?
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putnam county commercial real estate: Change is Good! - 04/08/09 08:26 PM
While my income has been severely impacted by this down turn in the economy, I cant recall a more exciting time in my career and or life. The oppurtunites are endless. Not to mention the need to actually use the skills that set me/you apart from all the other Realtors out there.
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putnam county commercial real estate: Residential Agents Cash in on Commercial Referrals - 03/18/09 07:56 PM
I guarantee you quick & easy money if you can just refer some commercial leads to your favorite Commercial broker. (I wouldnt mind if that happens to be me)
Residential agents are in a natural position to come by potential commercial buyers and sellers. Instead of turning down that business or biting off more than you can chew, refer it over. In fact wake up tomorrow and figure out who your new referral partner is and I guarantee you a new income stream :)
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